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in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution fo
, a former pentagon official said among our guests. we begin tonight with that triple digit rally on wall street. the market interpreted positive statements on a potential deal on the fiscal cliff by house speaker and rebounded from what had been a 112-point slide after the morning's opening bell. the dow jones industrials reversed, as i said, on the speaker's positive remarks and finished the session up 107 points. s&p up 11, nasdaq gained 24. all ten s&p 500 sectors moved higher on the day. that is the first time it has happened since october 4th. retailers drove the consumer discretionary sector energy industrials lead in the wake, and the rally started just minutes before house speaker made it clear that republicans are willing to deal on revenue and ready to find a resolution now. >> we all know that we have had this spending crisis coming at us like a freight train. it must be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our c
. >> i was reporting from the comfort of the north lawn, the physis and the pentagon and a warehouse and it troops surged numbers. in new one and was about more of them while was reporting on. lou: your focus on this particular panel who, he targe of more than 225 individuals when. >> i work done for two and a half years in new will learn. it was a big project. every time i thought i was done, no, he need to talk to this guy. alternately and just said the stock because there will never be a time when i talked to everybody. lou: you were pursuing one of the toughest explanations of how those tend to be, and he the target. and it would been detected low will. >> pile was enough to hospital with my newborn son we want. of a corner of my eye and saw the story about the attack this coverage was all along the lines of, why would anybody put an outpost there. the chemistry that i needed to solve it. why would you put our troops in such a vulnerable position, but then it became partisan line to be so outnumbering. the stories suspect him remarkable. we cover the war among but we don't re
. the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget with deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. look, if youave co like me, you know it can be hard to breathe, and howhat feels. copd includes chronic bronchitis and emphysema. spiriva helps contl my copd mptotoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva ishe only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalationowder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. scuss all medicines you take, even eye drops. stop taking spiriva and seek imdiate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain or problems passing urine. other side effects include drmouth and constipation. nothing can re
of sequestration cuts. cuts in the pentagon budget with deadly consequences? can this congress and this president figure out how to the right thing? admiral james lyons joins us next. ♪ lou: 31 days until the fiscal clef, the threat of sequestration largely being ignored. automatic spending cuts tohe tune of 1 trillion over ten years, hal coming from our defense budget. joining me now to discuss the impact on our military, nestle security, we are joined by hammer and -- admiral james lyons. they to have you back with us. your thoughts on the impact of sequestration is, indeed, it goes into affect year. >> in the words of the secretary of defense, leon panetta, this will be a disaster. what the obama administration is doing is unilaterally reducing the military capability of our forces. this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the iranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being
cuts. cuts in the pentagon budget with deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. yep. the longe
expert used to work at the pentagon. now work at the american enterprise institute. thanks for coming on the show. >> thanks for having me. melissa: do you think they will be successful in this? do you think sanctions aimed at ending flow of gold into iran will really work first of all? >> sanctions itself isn't going to reverse the determination of iran to, get a nuclear weapons capability. but what we're doing is applying increasingly amounts of pressure on iran and about a year ago the senate voted 100-0 to impose banking sanctions on iran and there is very little from which we can get such bipartisan unty. what happens is iran started sending oil, sending gas to turkey in exchange for gold and so what the cop guess is doing now, again with the unanimous vote, the senate, that is, is to try to plug this last hole. if precedent is to be believed it will increase pressure a huge amount. melissa: but you know turkey wants that natural gas. that is why they're paying in gold. so i mean how realistic is it that we can actually stop them from doing this, from buying it and giving them go
a four year plan like the pentagon, well, i don't know that's the best model to work on. gerri: all right. well, i have to ask you about bp today. >> sure. gerri: big news from bp, federal government saying you are disqualified from winning new contracts. here's bp's statement, the suspension is due to bp's lack of business integ try as demonstrated by the conduct with regard to the deepwater horizon blowout explosion, oil spill, and response. now, the stuff did not get hit today. what's your estimate of what it means? >> a temporary move. the obama administration, again, wanting to show -- hold up bp that we're puppishing them. it's a big company, one of the biggest producers in the u.s.. gerri: matter if it loses contracts in the u.s.? >> they are a lot already. they don't go away, this is just on new contracts. it's a temporary deal. gerri: come back to the set again. >> always happy to be here. gerri: coming up, live to the l.a. auto show and hottest trends in all things cars, and president obama heeds the call to listen to small business owners. no kidding. will the latest meeting ch
who tter most. i love you, grandma! [ male announcer ] humana. ♪ melissa: so the pentagon get as green light to spend valuable defense funds on things like efforts to make biofuels. the military is focused on alternative energy sources faced constant debate in congress this year and i think rightly some republican senator james inhofe is a member of the armed services committee. senator, welcome back to the show. when i go through these stats it is really staggering. you look at the air force which paid $59 a gallon for 11,000 gallons of alternative fuel. the navy spent $12 million on biofuels at a rate of $26 a gallon. at a time we're talking about raising taxes and the fiscal cliff and what financial problems we're in this country, i read these numbers i want to tear my heart out. how do you feel? >> melissa, it is worse than that. in '09 he had the navy pay $424 a gallon for 20,000 gallons. that is fuel on the market you could buy for $3 a gallon. $424 a gallon. in mind, this president has had a war on our defense system. he disarmed america. he has done away with our brigade combat
it has no evidence that iran captured another american drone supporting the pentagon's claim that no american drones are missing in the middle east. this comes after iranian state tv report that is the islamic republic captured an unmanned u.s. surveillance aircraft after it entered iranian airspace. those are the headlines. back over to you, ashley. ashley: heather, thank you very much. appreciate that. president obama met with governors to talk about the fiscal cliff's impact on therapy states earlier today. republican governor gary herbert of utah was in that meeting and he joins us now. governor, thank you so much for joining us. of course i want to know immediately, what was the president's message to you, the governors? >> well he said he wanted to work with us as states. again we appreciate the fact that we were invited. states and governors have been kind of ignored in the past. in fact states have been kind of an afterthought in many policy discussions here in washington. we have something to say. we can help them make better policy. he invited that dialogue and that
Search Results 0 to 17 of about 18 (some duplicates have been removed)